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Available

Luxury villa complex with pool

Makry Gialos, Lassithi

From

€490,000

Video tour

Description

Residential development of 12 luxury villas in Analipsi, Makry Gialos. Each villa spans 3 levels (216 to 224 sqm) with 4 bedrooms, 4 bathrooms, fireplace, sauna and playroom. Private pool, landscaped garden, sea and mountain views. Superior build quality: thermal and sound insulation, stone-clad facades, underfloor heating. 5-minute walk to Lagoufa sandy beach. Furnished, equipped, ready to live in or rent out from day one. Several units still available from €490,000.

Features

Private pool per villa
Sea and mountain views
Sauna
Fireplace
Playroom
Furnished and equipped
Alarm and security door
Underfloor heating
Double glazing
Air conditioning
Thermal and sound insulation
Stone-clad facade

Rental estimate

Estimated nightly rate

160 - 0

Estimated occupancy rate

0%

Estimated annual revenue

26,000 - 0

Estimated gross yield

Net after expenses & taxes: 4.2%*

Data based on Makry Gialos 2025 comparables (VRBO, Airbnb, Booking.com) and Crete market data (BnBNews, PriceLabs). Occupancy aligned with estimated Lassithi average (~55%). Net yield deducts: 20% property management, ~€3,000 ENFIA, maintenance, insurance, Greek income tax (15-25%).

* Gross yield = annual rental income ÷ purchase price. Net yield deducts running costs (maintenance, insurance, ENFIA) and Greek income tax on rental revenue. Estimates based on local market data, results not guaranteed.

The Kairos take

Our unfiltered, on-the-ground analysis

One of the best value-for-money properties in Lassithi. Villas delivered furnished with private pool, in a gated complex 5 min from the beach. Strong rental potential: 4 bedrooms accommodate families or groups willing to pay €250-350/night in high season (comparable Villa Danae at ~€490/night for the upper segment). Average Crete ADR reached €260-325 in 2025 (source: BnBNews). Crete occupancy: 65% overall, estimated ~55% for Lassithi (emerging area). The 5-7% gross yield sits in the upper range of Cretan returns (Crete average: 5.5-6.5% per Investropa). Makry Gialos benefits from southeast tourism expansion with limited premium competition.

Available units

12 unit(s) available out of 12

VillaAreaPriceStatus
Villa 1217 sqm€510,000Available
Villa 2A223 sqm€490,000Available
Villa 2B223 sqm€495,000Available
Villa 2C223 sqm€495,000Available
Villa 3B223 sqm€495,000Available
Villa 3C224 sqm€490,000Available
Villa 6A218 sqm€510,000Available
Villa 6B217 sqm€510,000Available
Villa 6C216 sqm€510,000Available
Villa 7A216 sqm€510,000Available
Villa 7B216 sqm€510,000Available
Villa 7C216 sqm€500,000Available
Available12 villas, from €490,000

Luxury villa complex with pool

From

€490,000

4

bedrooms

4

bathrooms

217

sqm

Year: 2009
B+Energy class B+

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